Binance has played a crucial role in supporting the Terra Classic ecosystem, going beyond just burning LUNC . Since the LUNA/UST collapse, Binance has remained the most committed exchange backing $LUNC , with CZ showing consistent interest in the project.
➖ At Binance’s request, the burn tax was reduced from 1.2% to 0.5%, and Seigniorage printing was removed.
➖ The initial decision to delist USTC in MiCA-affected regions was later reversed following mutual discussions.
Despite Binance’s ongoing support, this hasn’t yet translated into price growth for $LUNC or $USTC
. Broader market weakness persists, but both tokens appear significantly undervalued at current levels.
